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FashionStartups

RPG Commerce Shuts Down Multiple Apparel Brands After 5 Years

Rary Maharani
Last updated: October 2, 2024 12:55 am
Rary Maharani
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1 Min Read
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  • RPG Commerce closes Thousand Miles, Bottom Labs, Eubi brands
  • Company likely restructuring after 2022 funding round
  • Focus shifts to remaining successful brands

Contents
Thousand Miles Bids FarewellSister Brands Follow SuitStrategic Pivot for RPG Commerce?

Thousand Miles Bids Farewell

Malaysian apparel and travel brand Thousand Miles, owned by RPG Commerce, has announced its permanent closure after five years of operation.

The brand cited unspecified challenges as the reason for its shutdown, offering customers a final clearance sale with discounts up to 70%.

Sister Brands Follow Suit

Bottom Labs and Eubi, two other apparel brands under RPG Commerce, are also closing down.

Eubi reportedly ceased operations in June 2024, suggesting a broader restructuring within the parent company.

Strategic Pivot for RPG Commerce?

These closures may indicate a strategic shift for RPG Commerce, which raised US$29 million in Series B funding in 2022.

The company appears to be focusing on its potentially more successful brands, Montigo and Cosmic Cookware, aligning with CEO Melvin Chee’s philosophy of continuous innovation and adaptability.

TAGGED:div5

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